Compensation: Difference between revisions
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==See also== | ==See also== | ||
* [[Admission]] | |||
* [[Compensating balances]] | * [[Compensating balances]] | ||
* [[Damages]] | * [[Damages]] |
Revision as of 01:20, 27 January 2024
1. Law.
An award of a legally determined and enforceable money amount in respect of loss, injury or damage.
2. Regulation.
Similar awards in a regulatory context.
3. Voluntary payments.
An amount paid voluntarily in a similar context, with or without an admission of legal liability.
4. Employees - US.
Salary and other monetary benefits.
Also known as remuneration.
5. Service providers.
Amounts earned by service providers, directly or indirectly, in relation to their services.